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Gtl Limited vs Ifci Ltd. & Ors. on 29 August, 2011 Author: Manmohan Singh Bench

Supreme Court, therefore, it cannot be gain said that the goods pledged by the respondents with the petitioners constituted entrustment within the definition of Section ... Bank bad no right to deal with the securities by way of pledge, sub-pledge or assignment until certain contingencies contemplated in the contract

received gold ornaments from different persons by way of pledge and after doing so, sub-pledged them for higher amounts to other banks

received gold ornaments from different persons by way of pledge and after doing so, sub-pledged them for higher amounts to other banks, at Trichur